The Hindu Business Line : Thursday, April 21, 2005

VAT anxieties
SOONER THAN LATER, State governments will have to break new ground in the Centre-State fiscal relationship. The much-debated Value Added Tax (VAT) is a sales tax, levied at a commonly agreed rate by the States and collected in stages until ... More

ECONOMY

NGOs: To whom are they accountable?
The activities of non-governmental organisations have grown manifold and, hence, the issue of their accountability becomes important. This in no way minimises their importance or questions their functioning. NGOs can create a self-regulatory body, to which they can be accountable and they can co-opt eminent citizens in this body, says R. Vaidyanathan. More

ACCOUNTANCY

Bones to pick with the bonus law
The Payment of Bonus Act needs to be revamped, says S. Murlidharan More

Why augment the figment of segment?
IN THE disambiguation page for `segment', Wikipedia gives the meaning for the word in various contexts, such as a line or circle segment in geometry; a market segment as defined in marketing; a memory segment in ... More

FINANCIAL MARKETS

End of the global monetary tightening?
BY ALL accounts, it seems the week ended April 15, will be critical for global financial markets in the immediate future. It may have thrown up enough hints about the course the major financial markets — be it ... More

BOOKS

Go beyond the `revenue minus cost equals profit' mindset
ANIMOSITY is often mutual between CAs and CWAs. That, perhaps, explains why the ICAI sets tough papers when it comes to costing exam, so much so that even qualified cost accountants have been known to have failed in the ... More

LETTERS

Fake drugs

Winning hearts

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